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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: Charlie Smith who wrote (6840)6/23/1999 8:41:00 PM
From: Erik T  Read Replies (1) of 20297
 
If these banks can build a simple direct connection between their existing corporate "lock boxes" and millions of DDAs, they have something.

But why do this now? The banks could have been doing this for many, many years, but chose to outsource this function. Besides, doesn't this just address the on-us payments? To have viable EBPP solution, you still need pay anyone. If they use CKFR only for the payments that TEX cannot make electronically, CKFR will just charge more for this service. And why would Banc One, or any other bank, want to funnel their payments through a competitor? It's the same argument against using TP and Citi.

Erik
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